Capital Research Global Investors Has $58.67 Million Stock Position in Camping World $CWH

Capital Research Global Investors raised its holdings in shares of Camping World (NYSE:CWHFree Report) by 15.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,715,646 shares of the company’s stock after buying an additional 499,999 shares during the quarter. Capital Research Global Investors owned about 3.63% of Camping World worth $58,670,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Russell Investments Group Ltd. increased its position in Camping World by 923.8% during the third quarter. Russell Investments Group Ltd. now owns 5,539 shares of the company’s stock worth $87,000 after acquiring an additional 4,998 shares during the period. Inceptionr LLC bought a new stake in shares of Camping World in the third quarter valued at about $225,000. Barclays PLC lifted its stake in shares of Camping World by 66.0% in the third quarter. Barclays PLC now owns 277,867 shares of the company’s stock valued at $4,388,000 after buying an additional 110,481 shares during the period. Dimensional Fund Advisors LP grew its position in Camping World by 14.1% during the third quarter. Dimensional Fund Advisors LP now owns 1,185,243 shares of the company’s stock worth $18,717,000 after buying an additional 146,473 shares in the last quarter. Finally, Royce & Associates LP acquired a new stake in Camping World during the third quarter worth about $6,663,000. 52.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on CWH shares. Zacks Research cut Camping World from a “hold” rating to a “strong sell” rating in a report on Friday, February 27th. Roth Mkm reissued a “buy” rating and set a $16.00 price objective (down from $18.00) on shares of Camping World in a report on Thursday, February 26th. KeyCorp lowered their price objective on Camping World from $18.00 to $12.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. BMO Capital Markets cut their target price on Camping World from $22.00 to $16.00 and set an “outperform” rating for the company in a research note on Thursday, February 26th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Camping World in a research report on Monday, December 29th. Nine analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $15.80.

Get Our Latest Stock Analysis on Camping World

Camping World Stock Performance

NYSE:CWH opened at $6.94 on Thursday. The company has a quick ratio of 0.23, a current ratio of 1.20 and a debt-to-equity ratio of 4.14. The firm has a 50-day moving average price of $11.44 and a 200 day moving average price of $12.94. The firm has a market capitalization of $710.20 million, a PE ratio of -4.82 and a beta of 2.15. Camping World has a 12-month low of $6.80 and a 12-month high of $19.64.

Camping World (NYSE:CWHGet Free Report) last released its quarterly earnings data on Tuesday, February 24th. The company reported ($0.73) earnings per share for the quarter, missing the consensus estimate of ($0.63) by ($0.10). Camping World had a negative net margin of 1.41% and a negative return on equity of 3.29%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the prior year, the company posted ($0.47) earnings per share. The company’s revenue for the quarter was down 2.6% on a year-over-year basis. Research analysts anticipate that Camping World will post -0.66 earnings per share for the current fiscal year.

Camping World News Roundup

Here are the key news stories impacting Camping World this week:

Camping World Profile

(Free Report)

Camping World Holdings, Inc (NYSE: CWH) is a leading specialty retailer of recreational vehicles (“RVs”), RV parts and services, and outdoor lifestyle products. The company operates an extensive network of full-service RV dealerships, providing new and pre-owned RV sales alongside comprehensive maintenance, repair and warranty services. In addition to its dealership operations, Camping World offers a broad assortment of RV parts, accessories and gear through both its physical retail locations and e-commerce platform.

Beyond RV sales and service, Camping World’s offerings encompass outdoor cookware, apparel, camping and towing accessories under various proprietary and third-party brands.

See Also

Institutional Ownership by Quarter for Camping World (NYSE:CWH)

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